secwatch.observer — SEC 8-K summary
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Issuer:     Utz Brands, Inc. (UTZ)
CIK:        0001739566
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001739566-22-000206
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Utz reports Q2 net sales up 17.5% to $350.1M; raises FY2022 outlook
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- Net sales $350.1M, up 17.5% YoY; organic net sales +13.6%.
- Adjusted EBITDA $42.2M, up 18.2% YoY; adjusted EBITDA margin 12.1%.
- GAAP net income $2.5M vs $16.2M prior year; adjusted EPS $0.13 flat.
- Raising full-year fiscal 2022 net sales and Adjusted EBITDA outlook.
- Pricing actions and productivity programs expected to offset cost inflation in H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739566/000173956622000206/0001739566-22-000206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739566/000173956622000206/utz-20220811.htm
  HTML page:      https://secwatch.observer/filing/0001739566-22-000206

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer